# PPP loan: ELITE INSURANCE AGENCY INC
> **$374K** approved 04/11/2020 · Paid in Full · Loan `3015727103`
## Borrower
- **Name:** ELITE INSURANCE AGENCY INC
- **Address:** 800 BERING DRIVE #105, HOUSTON, TX, 77057-2106
- **NAICS:** 524210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $374K
- **Initial approval:** $374K
- **Forgiven:** $377K (101%)
- **Forgiveness date:** 01/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $374K
- **Jobs reported:** 31
## Lender
- **Originating:** Independent Bank d/b/a Independent Financial
- **Servicing:** Independent Bank d/b/a Independent Financial (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*